For anyone who ever wondered why prices always go up. | Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books) | Peter D. Schiff, John Downes
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Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books)
Peter D. Schiff
,
John Downes
Wiley
, 2007 - 288 pages
average customer review:
based on 247 reviews
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highly recommended
A must read for all Americans ...
As a Roth IRA / 401K only investor,
Crash
proof
has given me insight not only into
how
I should be investing for the long haul, but also how I should position growth paths in my career.
Everyone should read this book, to get a general understanding on how politics/
economic
s are working behind the scenes.
From
looking at our gov't spending/taxing habits to foreign investment settlement ..the book paints alternative options to the only-domestic picture that alot of speakers on TV-based cable business shows pump up.
Negatives: A person reading this book, but never hearing Mr. Schiff speak ..will get a since he is pushing the services of his company.
Unless you can print your own US dollars ..read this book and related
books
on the state of the US and world economies going forward.
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Start living with your eyes open.
Watch Video Here: http://www.amazon.com/review/RPMHXRE4J0JHA A MUST READ!!!!
Crash
proof
is exactly that, crash proof. Some of you may know me
from
youtube, under Visionvictory. Peter Schiff is a genius, no one has had as many correct calls as Peter. Please take the time to buy this book before it's to late.
For anyone who ever wondered why prices always go up.
I purchased this book last fall after seeing Mr. Schiff offering his distinctively antithetical viewpoint on the state of the economy on CNBC. If you are looking for a book that will guide you step by step through an investment scheme, this book is not that. If you are looking for a book that will open your eyes to what is really going on in the economy and in our government in Washington with compelling arguments and facts, this book does just that. This book seeks to explain, among other things, why deficts do matter,
how
the current real estate bubble was created, what this means for the future, and what measures to take to protect investments
from
the inevitable decline of the dollar. The eight months or so that have ensued since first reading this book have only added more validity to Mr. Schiff's contentions. President Bush had it half right when, in his State of the Union Address, he declared that "America is addicted to oil." America is addicted all right....to debt.
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Wake Up Call for anyone in US and Canada !
This book is worth its weight in gold. The book is not a "user guide" of
how
many shares to buy
from
which company, or which commodity to buy and in what quantity. The author is not an oracle, is an outstanding economist which earns his living by helping his firm's clients
profit
from his knowledge, so don't expect that as a reader of this book you will become automatically Peter Schiff personal client or will be granted the benefits and opportunities provided by his firm.
This book offers you knowledge, understanding and a clear mindset. You have one part describing what's going on right now and why. Then you have a second part that guides you to what anyone should do to protect against the hyper-inflation caused by FED's irresponsible monetary policy while trying to protect the staggering US government overspending and bailout the financial institutions massive capital misallocation. The readjustment will be difficult in the
coming
years. I am not giving more details, the author already did it and he's far more eloquent that me.
I watched Peter Schiff standing tall during the past years in many financial business shows, giving honest opinions and making accurate predictions. It's amazing the adversity he went through from some economists or so called financial experts just because he had a different opinion. In the end all worked out to his benefit as his integrity was proven time and time again. I highly recommend this book and look forward to his next one.
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Crash Proof How to Profit from the Coming Economic Collaspe
This is a tremendous book. You have to know
how
we've gotten here, to understand "why" we are now headed in the
economic
direction we are. For those who want to survive an economic meltdown, the phrase "When in Roman..." needs to be counterintuitive. This book clearly explains why and how to protect oneself. A key point is to see how what was predicted to happen in 2006 has "NOW" come to pass.
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